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Hyperliquid is emerging as a key weekend and after-hours venue for Wall Street traders to trade perpetual futures, the Wall Street Journal reported, as round-the-clock onchain markets pull activity away from traditional exchanges. When the Markets Close, Hyperliquid Stays Open Hyperliquid, a decentralized exchange ( DEX) built for perpetual futures, has become a destination for … Read more
The UK Financial Conduct Authority has warned football clubs that sponsorship deals with unauthorised crypto and trading firms could expose them to legal and reputational risks. The regulator said clubs must do more to protect fans from potentially unsafe financial promotions. FCA Targets Unauthorised Crypto Firms Using Football Deals to Reach UK Fans Britain’s financial … Read more
Crypto exchange-traded fund (ETF) flows remained under heavy pressure on Tuesday, June 2, as bitcoin funds posted a 12th straight day of redemptions and ether ETFs extended their losing streak to 16 sessions. Solana and HYPE products drew fresh inflows, but the broader market remained defined by large exits from the two biggest asset classes. … Read more
Bank of America has appointed Adam Dixon, a more than 20-year veteran of the firm, as its global head of digital asset transformation, tasking him with steering the second-largest American bank’s crypto and tokenization strategy. A New Crypto Command at a Wall Street Giant The appointment names Dixon global head of digital asset transformation, with … Read more
Grayscale’s Hyperliquid Staking ETF (HYPG) began trading on June 3 with a 0.29% sponsor fee, the lowest among US-listed HYPE products, intensifying a price war among issuers chasing the fast-growing token. A Fee War Heats up Around HYPE Grayscale has launched its Hyperliquid Staking exchange-traded fund (ETF), with the product now trading live under the … Read more
Newlimit, the longevity biotech co-founded by Coinbase CEO Brian Armstrong, has raised $435 million in a Series C round led by Founders Fund, roughly tripling the company’s valuation to about $3.1 billion. Crypto Wealth Flows Into Longevity Science Newlimit, the anti-aging biotech co-founded by Coinbase Global Inc. (Nasdaq: COIN) Chief Executive Brian Armstrong, has closed … Read more
El Salvador is buying the dip again as bitcoin slides as low as $65,700, with the Central American nation’s strategic reserve now holding roughly 7,600 BTC worth more than $510 million. A Familiar Playbook on a Red Day As bitcoin dropped under $66,000 this week, El Salvador leaned into the slide rather than away from … Read more
Economist and longtime gold advocate Peter Schiff says bitcoin is heading below $20,000, renewing his bearish call as the cryptocurrency slips under $66,000. A Familiar Bear Returns to the Spotlight Peter Schiff, the economist and gold proponent who has spent more than a decade warning against bitcoin, said that the cryptocurrency will crash below $20,000. … Read more
Bitcoin fell under $66,000 on June 3, albeit briefly, as record exchange-traded fund outflows and a rare sale by Strategy deepened a selloff that has wiped out billions in leveraged positions. A Broad Crypto Rout Gathers Pace Bitcoin is extending one of its sharpest selloffs in months, with the decline pulling the wider market lower, … Read more
Binance Research says bitcoin’s recent weakness may be driven by capital rotating into a small group of hot U.S. equity themes. The firm argues that without a crypto-native crisis, such pressure has often proved temporary. Cboe Dispersion Index Hits 42 as Bitcoin Competes With AI Stock Rally Bitcoin’s latest pullback may have less to do … Read more